India-US Trade Talks Near Interim Deal Ahead August Tariff Deadline

India's Commerce Minister Piyush Goyal has expressed strong optimism about concluding a significant trade deal with the United States ahead of the August 1 tariff deadline set by President Donald Trump. Both nations are working towards a mini or interim agreement, with India seeking preferential market access and special treatment compared to other countries. Despite firm Indian stances on protecting agriculture and dairy sectors, which the U.S. aims to open, negotiations remain positive with both sides focusing on smaller sectoral agreements rather than a comprehensive deal. Goyal highlighted ongoing robust discussions with the U.S. and other countries, underscoring the importance of flexibility over strict deadlines. He also noted cordial relations with U.S. trade officials and denied immigration issues, such as H-1B visas, were part of current talks. Overall, India is confident of avoiding the threatened tariffs and achieving beneficial trade terms, reflecting progress in bilateral talks ahead of the deadline.